This 3-bedroom, 1-bathroom property presents a great investment opportunity in a highly desirable neighborhood. To be sold with a tenant in situ, the property currently generates a rental income of £550pcm with the potential to increase to £650pcm generating a potential yield of 9%!
With a spacious living area and modern bathroom, it offers plenty of potential for improvements and increased value.
The property is ideally located with easy access to local amenities and transportation, making it attractive to renters seeking convenience.
Don’t miss the chance to invest in a property with strong potential in a prime location.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Holbrook & Co - Seaham. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Holbrook & Co - Seaham for full details and further information.